IMF will give Ukraine a new loan until year-end

The condition for this is positive outcome of the analysis made by the special commission with regard to the quality of reforms in the country.

KYIV (QHA) -

The representative of the International Monetary Fund Jerry Rice spoke about the release of the new loan to Ukraine at a press conference in the framework of international briefing. The next tranche in the amount of $ 1.3 billion will be allocated subject to the positive conclusion of the commission on reforms that will visit Kyiv in November.

“It's possible. Again, it will depend on the negotiations ... The mission will discuss the allocation of the next tranche under the program of assistance and hold consultations under Article No. 4 (review of the country's economy - Ed.),” said the official.

IMF's cooperation program with Ukraine envisages the allocation of $17.5 billion for four years to support the Ukrainian economy, of which $5.4 billion is planned to allocate in 2017.

It was reported earlier about the delay of allocation credits to Ukraine because of "government crisis." Now the Fund is obviously convinced that the political crisis in Ukraine is over and reforms are being renewed.